Crypto industry trending towards regulatory compliance! OSL CEO Kevin highlights increasing global regulatory frameworks in late 2023 & early 2024. He believes compliance is key for mass adoption. OSL plans global expansion, targeting 2-4 more operating licenses by 2025.
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Swedish MP suggests adding Bitcoin to foreign exchange reserves, citing its gold-like properties & inflation-fighting potential. Proposal: retain seized Bitcoin instead of liquidating. Finance Minister to respond by April 16. #Bitcoin #Sweden
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Senator Tim Scott expects crypto market structure legislation by August 2025. The Senate Banking Committee advanced the GENIUS Act (stablecoins) in March. Scott emphasizes innovation *before* regulation to secure US dominance in digital assets. #crypto #regulation
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According to Whale Alert, at approximately 03:30 Beijing time, Tether Treasury burned 1,800,000,000 USDT on the Ethereum blockchain.
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Lookonchain reports DWF Labs created six DeFi liquidity pools for the Trump family's $USD1 stablecoin, totaling $18M. Pools pair $USD1 with USDT, USDC, USDf, ETH, and BNB. #DeFi #Crypto #Trump
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US Customs removed "reciprocal tariffs" on 20 product categories, including goods from China like integrated circuits, smartphones, displays, computers, and semiconductor equipment. These goods will no longer be subject to a 125% reciprocal tariff. -Caijing Magazine
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Binance Futures is set to launch PUMPUSDT, STOUSDT, and FHEUSDT perpetual contracts.
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HK police froze HK$228M in JPEX fraud assets after 18-month probe. Fund distribution awaits case conclusion. Amid a 10% fraud surge, police are using virtual asset analysis & boosting anti-fraud awareness. #HongKong #JPEX #Fraud
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ETH's Entity-Adjusted Dormancy Flow is below 1M, historically a macro bottom signal! Analyst Ali Martinez notes this suggests ETH is undervalued, long-term holders aren't selling, and smart money may be accumulating amidst low sentiment. #ETH #Crypto #Ethereum
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China Forex warns US monetary policy & crypto reserves could link "real world" & "crypto market" dollar cycles, boosting US financial power. Legalizing crypto via "strategic Bitcoin reserves" might accelerate global adoption, impacting trade, investment, & national monetary sovereignty.
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Whale Alert reports that Tether Treasury minted 1 billion USDT on the Tron network at 15:45 (UTC+8) today.
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Coinbase CEO @brian_armstrong announces @StandWithCrypto expands to Australia! đĻđē Joins UK & Canada in supporting pro-crypto candidates/legislation *outside* the US. Crypto holders are becoming a powerful voting bloc globally. #crypto #advocacy
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Taiwanese crypto platform Steaker & founder indicted for allegedly illegally raising $45.7M in crypto investments. Steaker denies wrongdoing, claiming they only provide virtual asset allocation services. Crypto isn't legal tender in Taiwan. #crypto #Taiwan #Steaker
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Axiom dominates Solana meme coins since March, grabbing 47% of trading volume (via @defioasis, Wu Blockchain). Photon & BullX struggle. GMGN stable thanks to Chinese community & KOL partnerships. Axiom's success? Points program & Y Combinator support drive higher transaction values & referrals.
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Binance Futures will adjust the funding rate settlement frequency for the ORCAUSDTU perpetual contract on April 12, 2025, at 16:00 (Beijing time), according to an official announcement. The funding rate settlement frequency will change from every four hours to every two hours.
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According to OKX market data, Babylon (BABY) has surpassed $0.13, currently trading at $0.133, marking a 24-hour increase of 42.35%. Its market capitalization stands at $295 million, ranking it 96th.
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TreasureDAO, once aiming to be the "Nintendo of Web3," is pivoting to AI. đšī¸âĄī¸đ¤ Citing slow game development & declining token value ($MAGIC peaked at $6), the decentralized gaming ecosystem is shifting focus entirely. Is this survival mode for TreasureDAO? đ¤
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Ethena Labs launches USDe Reserve Proof with Harris & Trotter, Chaos Labs, LlamaRisk & Chainlink! Weekly reports will show backing asset data from blockchain, custodians & exchanges. Reserve fund assets are NOT included in USDe's backing. #DeFi #USDe
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DWF Labs is now the 2nd largest on-chain holder of World Liberty Financial's USD1 stablecoin, with 6M USD1! @ai_9684xtpa reports they received 5M USD1 on BSC 9 hrs ago & bridged it to Ethereum. Wintermute still holds the top spot with 57M USD1.
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Ethereum spot ETFs saw $29.2M in net outflows on April 11, per SoSoValue, marking 4 straight days of outflows. Grayscale's ETHE led the pack with $26.1M outflow, bringing its total historical outflow to $4.23B.
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